-The Hindu The authority of Adam Smith is frequently invoked by supporters of the free market, who argue for extending the market forces to all conceivable goods and services and eliminating any kind of government intervention in markets. However, Smith’s The Theory of Moral Sentiments and An Inquiry into the Nature and Causes of the Wealth of Nations make it clear that he was not a laissez faire or free market...
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The Human Cost of Delhi's Quick-Fix Pollution Control Measures -Akhil Kumar
-TheWire.in Thousands of Workers, mostly migrants, have been going hungry because of what they call "environmental injustice." New Delhi: Outside a small room in Wazirpur industrial area, Kameshwar Paswan, dressed in a white vest and red ‘gamcha’ is on the phone. His face is tense as he listens. “Don’t worry, I’ll arrange for it soon,” he says, and hangs up. He had stepped out to take a call from his son in...
More »Under Modi, 25% Decline in Public Sector Workers -Subodh Varma
-Newsclick.in Casual and contract Workers’ proportion to regular Workers has gone up to a record 53%. Nearly 2.4 lakh Workers of government-run public enterprises have lost their jobs since the Narendra Modi led BJP government took power in 2014. That’s a massive 25 per cent of the workforce. Simultaneously, the number of casual and contract Workers has increased to 3.8 lakh. The proportion of such employees has zoomed up from just 36%...
More »Farm loan waivers can derail India's growth story -Ramesh Chand
-Hindustan Times Loan waiver provides strong disincentive for those who repaid loan on time and perverse incentive for default. But the most serious effect of the waiver is potential risk of fiscal slippage . India’s agricultural economy witnessed significant changes during the post reforms period, many of which were positive, but some were negative. Income of farmers could not keep pace with their aspirations and fast growth in the income of non-farm...
More »As India rethinks labour rules, one item not on the agenda: Childcare facilities for women Workers -Mirai Chatterjee
-Scroll.in Full-day, quality childcare can make a crucial difference in India’s fight against malnutrition, and can possibly enhance incomes of working women. Savitaben is a tobacco worker in Rasnol village, Gujarat. She has two young children under five years of age, and every morning she leaves them in a crèche run by the Self-Employed Women’s Association or SEWA, a trade union of over 15 lakh poor, self-employed women Workers. The children are...
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